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Caliban Special user 727 Posts |
Quote:
On 2013-01-20 20:38, motown wrote: There is no VAT on books, so you would not be paying any VAT if you ordered the Pat Page book from the UK. There is no VAT included in the price at all. And if you buy something that does include VAT in the price from the UK, the VAT would be taken off. Most UK dealers now display prices with and without VAT for EU and non EU customers. I'm not sure what Bill's point is. As a UK customer, if I buy something from the US I pay exactly the same full price as an American customer + postage + import duty + import VAT + a fixed customs handling charge. |
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Bill Hegbli Eternal Order Fort Wayne, Indiana 22797 Posts |
My point is that I was only figuring product price and postage. So you are still ahead of he game, because if we order from the UK, we still pay customs on top of the total price.
UK is your country, and if you have elections, then you should have voiced against VAT. U.S. does not charge you VAT, Customs or import duty changes. So you cannot include you countries charges on our products when figuring cost, as the exchange rate has no bearing on your own currency value in your country. In the U.K. a 1 pound note is a 1 pound note. The whole point is, you only pay 63 cents for a product that cost $1. If the postage is a $1, you still only pay 63 cents for postage. So I have to pay $2, and you only pay $1.26. Mainly because the U.K. says their British Pound is worth more then the U.S. Dollar. As for you country penalties for purchasing goods in and outside the U.K., you have to take that up with your government. If I buy a product from the U.k. that is 1 pound, I have to pay $1.59, if the postage is 1 pound, that is another $1.59 which equals $3.18 for a product that is considered being a $2 item, because your 1 pound note is your Dollar. If the product get caught in Customs, then there will be customs charges as well added to the price. Please note money exchange rates change daily. The rate of exchange is different if you are buying or selling your countries money. I would love to have the Pat Page book, but not at the current conversion, rate of exchange, for the British Pound Note. Price and the postage is just ridiculous for U.S. customers. |
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Caliban Special user 727 Posts |
Quote:
On 2013-01-21 12:23, Bill Hegbli wrote: Now this is where you lose me. If a product costs $1 then I don't pay 63 cents - I pay a dollar - exactly the same as you. It's not just the UK that says one pound is worth more than one dollar. The US also say it, as does every other country in the world. One pound just IS more than one dollar, in the same way that 1 US dollar is currently worth 128 Icelandic Krona. Do you really think that if you buy something for a dollar and and Icelandic person pays 128 krona for the same item - they would be paying 128 times as much as you? Different currencies have different values. Quote:
If I buy a product from the U.k. that is 1 pound, I have to pay $1.59. Yes, that's because £1 and $1.59 have equal value. $1.59 is not more than £1 - it's the equivalent of £1 in a different currency. |
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duanebarry Special user 883 Posts |
Bill, you should move to Iceland. You could plan to buy a mansion and live the life of a bazillionaire!
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Claudio Inner circle Europe 1927 Posts |
OK Bill now makes sense: currency fluctuation.
Exchange rates between currencies (determined mainly by financial markets) do vary, but daily variations are usually minute. If years ago,say, there were parity between USD and GBP (1 to 1), then today's rate (1 USD = 0.63 GBP) would make buying British goods far more expensive than they used to. However Bill may have to wait a long time before the rates shift favourably towards the US currency, and by then most good British magic books will be OOP. I'm going to put my order in. |
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tomsk192 Inner circle 3894 Posts |
On a side note, I have sometimes used the "power of the dollar" on currency markets to justify why European magicians often do tricks with US currency. At the end of a coins across, using half dollars, I change the halves into chinese coins; I'm sure the patter for this moment is obvious.
It plays well in England. |
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motown Inner circle Atlanta by way of Detroit 6127 Posts |
Caliban,
Since you don't understand Bill's example, let me give you another one. Back around 2001 when I went to Prague I was getting about 40 Czech crowns to the dollar. The US currency was very strong at that time. Two years ago when I went there I got about 18 Czech crowns to the dollar. That's a loss of over 50% in buying power. Something that once cost me $50, now costs over a $100. That's the advantage of having a strong currency or the disadvantage of having a week one. The dollars been week in Europe for several years now compared to where it was in the late 90s till around 2002-3 and it sucks.
"If you ever write anything about me after I'm gone, I will come back and haunt you."
– Karl Germain |
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Bill Hegbli Eternal Order Fort Wayne, Indiana 22797 Posts |
I am very sorry not many of you understand currency value. But I say again, I went to the bank to purchase a Cashiers check drawn on a bank in London. I only wanted the check in the amount of 60 pounds. The lady said we will send you the check so I can send to the party in England. I had to pay $90 for the amount of the check, even though it was made out for 60 pounds, and bank fees and currency exchange changes was another $30.
So I paid $120.00 for a British cashier's check made out for 60 pounds. When I was in Viet Nam, the Vietnam "P" was only like 30 cents, pence to you U.K. members. That is why the locals were very happy to take an American dollar bill in place of their 100 "P" note. They could get 3 time the money on the black market. I think many of you are confusing relating to actual cost. When a person gets an exchange of currency. The only way to actually understand the value place on each bill is to substitute your thinking. So if I was to go to England. I would exchange my American currency for British Pounds. When I go to Davenport's and buy a 1 pound trick, I have to in my mind say I am like a trick in America that cost a dollar. When in fact I paid $1.63 to spend and buy the trick. Another example, I ordered a trick form Supreme Magic back in the early 1970's, at that time British pound was $1.75 for each pound note. I did some calculations and found Supreme Magic was selling a trick for much more then the exchange rate. I wrote to Edwin the owner, that that is not the same as the people in the U.K. were paying. He wrote back and said he can charge any amount he wants for his products. I inquired with Geoffrey Durham the price of the Himber Ring he was having a few made. Without looking it up, it was $500+ so I figured the price would cost me over $900+ for the ring. Yes, U.K. customers buying from America are only paying 63 cents on the dollar. So you are getting a good deal. Did the U.K. customers realize they are paying 1.19 pounds for each Euro. That is why, I would guess the U.K. did not want to join in the Euro group. |
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Caliban Special user 727 Posts |
Now I can totally see Motown's point about currency fluctuations.
And I can also understands what Bill means about Supreme Magic. Edwin used to advertise a price in pounds and a different price in dollars for US customers, which, I'm sure, often bore no relation to the exchange rate. He probably did charge more to American customers. That doesn't happen nowadays, though, as if you buy from a British dealer you would pay the same pound price on a credit card. And, yes I'm quite prepared to believe that Bill had to pay $120 for a £60 cashiers cheque - but that's because it's very expensive to get a cheque in a foreign currency wherever you are. If I went to an American bank and wanted a cashier's cheque with a value of $90 (£60), I would probably have to pay $120 for it as well. If Bill goes to Davenports and finds that a $1 trick costs £1, though, that's probably because Davenports is just an expensive shop! Davenports have to pay for a central London retail shop and sell a lot to tourists, so their prices tend to be higher than other most other British magic dealers. Now if I was an American in the UK and had paid $1.60 for each pound at the currency exchange, I would think of £1 as being the same as $1.60. As for the Euro. A Euro has always been worth slightly less than £1. It currently costs 1.19 Euro to buy £1 - or 84 pence to buy 1 Euro |
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Cameron Francis V.I.P. 7025 Posts |
This is not right. Brittish Magicians pay the same price we in the US do, just adjusted for pounds.
So if a DVD is $35 here, guys in England would pay around 20 Pounds (doesn't work out to be exact but it's only a little off). The internet has changed everything. Dealers can't get away with pricing stuff differently for different countries anymore because you can look it up online. And even if there is a big discount on something here in the US, the shipping costs to England usually kill the deal. It's very expensive to ship to the UK. I ship stuff there all the time. One DVD, first class postage is around $5. So the Brits aren't making out like bandits on anything.
MOMENT'S NOTICE LIVE 3 - Six impromptu card tricks! Out now! http://cameronfrancismagic.com/moments-notice-live-3.html
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motown Inner circle Atlanta by way of Detroit 6127 Posts |
Cameron,
Your not understand what Bill's saying. The value of the dollar to other currencies changes daily. In the case of the Pat Page book, the price is listed in pounds. If a person from the US buys the book, the cost in US funds will change depending on when he buys it. It could be $70 one week and $75 the next. That's a simple fact. If the book was also priced in US dollars, then the cost would remain the same. The Brits have had a stong currency in relationship to the dollar for a long long time.
"If you ever write anything about me after I'm gone, I will come back and haunt you."
– Karl Germain |
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duanebarry Special user 883 Posts |
Quote:
On 2013-01-20 19:36, Bill Hegbli wrote: Bill, you've overstated this by a LOT. The book costs £75 which includes delivery outside of Europe. It's right here: http://www.patrickpagemagic.co.uk/index.......uctId=36 Payment is via paypal, which does not rip you off like your bank does. I just went through the ordering process, stopping just short of the final button. The total cost would be $121.95. |
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motown Inner circle Atlanta by way of Detroit 6127 Posts |
That was around the same price I came up with a few days ago.
"If you ever write anything about me after I'm gone, I will come back and haunt you."
– Karl Germain |
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Cameron Francis V.I.P. 7025 Posts |
Yes, it fluctuates a little but not by all THAT much. I mean, it's not some wild roller coaster. I just checked: 1 pound is $1.58. It's been in that ballpark for a while.
MOMENT'S NOTICE LIVE 3 - Six impromptu card tricks! Out now! http://cameronfrancismagic.com/moments-notice-live-3.html
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pbj100 Special user 516 Posts |
Quote:
On 2013-01-23 13:21, motown wrote: Hi. But if the dealer quoted a price in dollars in the UK . Then the dealer would take the hit or gain for daily changes in the exchange rate. The troble is the original complainer is seeing a pound as a dollar but it is not a pound is worth much more phil |
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motown Inner circle Atlanta by way of Detroit 6127 Posts |
I was referring to the cost being the same for the US buyer, not the seller.
"If you ever write anything about me after I'm gone, I will come back and haunt you."
– Karl Germain |
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mindmagic Inner circle London 1740 Posts |
To reiterate what I said earlier - and to get the discussion vaguely back on topic - it's a large, heavy book. The postage is high even for those of us in the UK (which is why they use Second Class post - I've discussed it with them).
Barry |
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